UAE Investment Corporation plans to launch a $500 million fund DEI to invest in blockchain, DePIN and other fields
On August 27th, according to Bitcoin.com, investment companies Hodler Investments and Gewan Holding, based in the United Arab Emirates, announced plans to launch a $500 million Digital Energy Infrastructure (DEI) fund. The fund aims to invest in energy infrastructure projects that support digital economic growth, including power generation, data mining, blockchain, decentralized physical infrastructure, and artificial intelligence. It will also support startups and software development related to these areas. According to a statement, the fund has received soft commitments from major investors, physical donations, and subscription partners, seeking energy and connectivity for artificial intelligence (AI) and digital asset mining businesses.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Crosses $3,400 as WFL Makes Second Major ETH Investment
Ripple CEO Reveals the Truth About the Amount of XRP on the Company's Balance Sheet
Tether to Build 70-Story Skyscraper in El Salvador, Symbol of Prosperity
Tech giants bounce back after AI disruption, S&P 500 nears record high
Share link:In this post: Last week, the largest tech firms in the US experienced huge challenges from Chinese AI, DeepSeek. Apple and Meta reported positive results, boosting the S&P 500. The Magnificent Seven’s price-to-earnings ratio is now 31.